Otis Total Assets from 2010 to 2024

OTIS Stock  USD 102.52  0.55  0.54%   
Otis Worldwide Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets are likely to outpace its year average in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2019-12-31
Previous Quarter
9.9 B
Current Value
10.3 B
Quarterly Volatility
716.6 M
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 511.7 M, Interest Income of 78.9 M or Depreciation And Amortization of 161.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0097 or Days Sales Outstanding of 77.86. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Total Assets Growth Pattern

Below is the plot of the Total Assets of Otis Worldwide Corp over the last few years. Total assets refers to the total amount of Otis Worldwide assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Otis Worldwide Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Otis Worldwide's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.12 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Otis Total Assets Regression Statistics

Arithmetic Mean9,706,024,762
Geometric Mean9,664,434,690
Coefficient Of Variation10.01
Mean Deviation736,833,016
Median9,089,000,000
Standard Deviation971,509,602
Sample Variance943830.9T
Range3.2B
R-Value0.71
Mean Square Error508948.1T
R-Squared0.50
Significance0
Slope153,498,571
Total Sum of Squares13213632.7T

Otis Total Assets History

202411.1 B
202310.1 B
20229.8 B
202112.3 B
202010.7 B
20199.7 B
20189.1 B

Other Fundumenentals of Otis Worldwide Corp

Otis Worldwide Total Assets component correlations

-0.79-0.80.610.73-0.50.830.980.43-0.75-0.840.780.810.810.960.24-0.830.40.740.830.81-0.72-0.34-0.43
-0.791.0-0.93-0.920.65-0.98-0.77-0.680.930.99-0.46-0.97-0.98-0.65-0.550.990.17-0.78-0.81-0.810.840.770.57
-0.81.0-0.89-0.90.59-0.99-0.78-0.730.911.0-0.45-0.95-0.99-0.67-0.61.00.14-0.73-0.79-0.790.790.730.49
0.61-0.93-0.890.91-0.710.890.630.48-0.92-0.880.380.920.90.50.34-0.87-0.240.850.840.86-0.89-0.88-0.63
0.73-0.92-0.90.91-0.690.880.70.59-0.99-0.90.60.870.90.590.42-0.87-0.150.760.780.79-0.8-0.74-0.54
-0.50.650.59-0.71-0.69-0.51-0.47-0.150.730.59-0.45-0.74-0.53-0.36-0.020.570.24-0.74-0.73-0.690.870.830.88
0.83-0.98-0.990.890.88-0.510.830.69-0.9-0.980.510.931.00.740.55-0.99-0.020.750.810.82-0.78-0.66-0.42
0.98-0.77-0.780.630.7-0.470.830.37-0.72-0.820.730.810.820.980.18-0.820.480.760.870.86-0.73-0.33-0.38
0.43-0.68-0.730.480.59-0.150.690.37-0.58-0.710.190.520.690.290.97-0.7-0.410.080.180.19-0.21-0.40.03
-0.750.930.91-0.92-0.990.73-0.9-0.72-0.580.91-0.64-0.89-0.91-0.61-0.410.880.14-0.79-0.81-0.820.840.780.57
-0.840.991.0-0.88-0.90.59-0.98-0.82-0.710.91-0.49-0.95-0.98-0.71-0.571.00.09-0.74-0.8-0.80.790.680.5
0.78-0.46-0.450.380.6-0.450.510.730.19-0.64-0.490.450.50.75-0.04-0.450.460.540.620.61-0.5-0.15-0.27
0.81-0.97-0.950.920.87-0.740.930.810.52-0.89-0.950.450.940.70.37-0.96-0.070.870.910.9-0.93-0.8-0.68
0.81-0.98-0.990.90.9-0.531.00.820.69-0.91-0.980.50.940.720.54-0.98-0.040.760.820.83-0.79-0.69-0.42
0.96-0.65-0.670.50.59-0.360.740.980.29-0.61-0.710.750.70.720.1-0.710.610.680.80.8-0.63-0.19-0.26
0.24-0.55-0.60.340.42-0.020.550.180.97-0.41-0.57-0.040.370.540.1-0.57-0.51-0.10.00.0-0.05-0.340.14
-0.830.991.0-0.87-0.870.57-0.99-0.82-0.70.881.0-0.45-0.96-0.98-0.71-0.570.09-0.74-0.8-0.80.790.680.5
0.40.170.14-0.24-0.150.24-0.020.48-0.410.140.090.46-0.07-0.040.61-0.510.090.170.260.260.010.530.23
0.74-0.78-0.730.850.76-0.740.750.760.08-0.79-0.740.540.870.760.68-0.1-0.740.170.960.97-0.96-0.67-0.77
0.83-0.81-0.790.840.78-0.730.810.870.18-0.81-0.80.620.910.820.80.0-0.80.260.961.0-0.96-0.66-0.66
0.81-0.81-0.790.860.79-0.690.820.860.19-0.82-0.80.610.90.830.80.0-0.80.260.971.0-0.94-0.66-0.63
-0.720.840.79-0.89-0.80.87-0.78-0.73-0.210.840.79-0.5-0.93-0.79-0.63-0.050.790.01-0.96-0.96-0.940.820.82
-0.340.770.73-0.88-0.740.83-0.66-0.33-0.40.780.68-0.15-0.8-0.69-0.19-0.340.680.53-0.67-0.66-0.660.820.7
-0.430.570.49-0.63-0.540.88-0.42-0.380.030.570.5-0.27-0.68-0.42-0.260.140.50.23-0.77-0.66-0.630.820.7
Click cells to compare fundamentals

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets10.1 B11.1 B
Intangibles To Total Assets 0.19  0.23 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.